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On Thu, 27 Jan 2005 12:18:28 -0700, "Mark A" <nobody_at_nowhere.com>
wrote:
>> Heard a story about them on National Public Radio (U.S.) just the
>> other day. Seems some outside money people (non-Brits) are looking to
>> buy the team and turn it into another "corporate brand". I understand
>> the Packers are actually owned by the city of Green Bay, so they don't
>> have to worry about stuff like that.
>> Thanks.
>>
>> - Ed Stevens
>>
>That already happened years ago. ManU is already a publicly traded company
>on the London Stock Exchange and is already a corporate brand. Someone is
>buying shares on the open market, and there is speculation that if they get
>controlling interest, they might take the company private.
>
>The Packers are owned by the shareholders (not the city), just like ManU.
>The last time shares of Green Bay Packer stock was put on sale was in 1997,
>at $200 a share. For people who own shares it is a status symbol, and one of
>their most valued possessions. A total of 4,748,906 shares are owned by
>110,812 stockholders - none of whom receives any dividend on the initial
>investment.
>
Ah. I stand corrected. And further educated. ;-) Thanks.
Cohn's Law: The more time you spend in reporting on what you are doing, the less time you have to do anything. Stability is achieved when you spend all your time doing nothing but reporting on the nothing you are doing. Received on Thu Jan 27 2005 - 16:09:39 CST